N o v e m b e r Birla Sun Life. Birla Sun Life Frontline Equity Fund

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1 N o v e m b e r 2 1 How do you always keep your investments at the top? Frontline Equity Fund Frontline Equity Fund An open ended Growth Scheme An Open ended Growth Scheme For more details please refer page No 26 Call / (toll-free) Visit sms AIM to Mutual Fund investments are subject to market risks. Please read the Statement of Additional Information / Scheme Information Document carefully before investing.

2 N o v e m b e r 2 1 Index OUTLOOK SIP SAVINGS SOLUTIONS Cash Plus Cash Manager Savings Fund Short Term Fund Dynamic Bond Fund Medium Term Plan Income Plus Income Fund Floating Rate - Short Term Plan Gilt Plus Government Securities Fund Enhanced Arbitrage Fund REGULAR INCOME SOLUTIONS Monthly Income MIP MIP II - Wealth 25 Plan MIP II - Savings 5 Plan TAX SAVINGS SOLUTIONS Tax Relief ' Tax Plan WEALTH CREATION SOLUTIONS Equity Fund Advantage Fund cap Fund Frontline Equity Fund Infrastructure Fund Basic Industries Fund India GenNext Fund New Millennium Fund Top 1 Fund Buy India Fund MNC Fund Index Fund India Opportunities Fund Dividend Yield Plus Fund Freedom Fund Asset Allocation Fund Special Situations Fund Commodity Equities Fund International Equity Fund - Plan A International Equity Fund - Plan B Small & cap Fund India Reforms Fund Pure Value Fund Long Term Advantage Fund DIVIDEND HISTORY ASSET ALLOCATION GUIDE OUR COVERAGE METHODOLOGY OF RANKING

3 N o v e m b e r 2 1 Outlook Equity Outlook FIIs bolster Indian markets After recording double-digit gains in September, the benchmark indices consolidated the gains in October. The BSE Sensex and the S&P CNX Nifty eased by.2% each. Meanwhile, the listing of Coal India attracted massive investor interest. This amply demonstrates that investors are willing to pour capital wherever they see sustainability of earnings trajectory. So, FIIs infused $6.42 billion in October, the highest amount in any single month since they were first allowed to invest in local stocks. This has taken the total FII inflow, so far in 21, beyond $24.79 billion, a record for a single calendar year. Sector performance was skewed. Health Care segment climbed 7.3%. Oil & gas and Auto surged by over 4% each. Among the laggards were Power, FMCG and Real Estate. Healthy earnings The second quarter earnings did not disappoint the market and painted a healthy picture for domestic businesses. So, Consumers, Financials, Healthcare and Industrials posted better than expected profit growth while Utilities and Commodities disappointed. Need to watch macro data On the economic front, India's infrastructure output grew at 2.5% y-o-y in September, the slowest pace in the last 18 months. This is the second data after the subdued IIP data released earlier showed a decline. We believe that these statistical series are too volatile to decisively indicate a trend change from one or two months of data. That is why we focus on the RBI's statement in the latest Review of Monetary Policy where it has indicated that the domestic economy is operating close to the trend growth rate, driven mainly by domestic factors. The normal Southwest monsoon and its delayed withdrawal have boosted the prospects of both kharif and rabi agricultural production which should also stimulate rural demand. Most industrial and service sector indicators also point towards sustained growth. The Central Bank retained its baseline GDP growth rejection at 8.5%. The RBI indicated its cautious stance on inflation and that some of the components could be becoming structural in nature. Its focus is on containing build up of inflationary expectations. Along with 25bps increase in repo and reverse-repo rates, the RBI also announced some measures to prevent excessive leveraging in the Real Estate sector. Momentum likely to sustain Looking at the broader picture, the recovery seems well established and transition from government stimulus to private-sector led growth is visible. Though markets may witness moderate correction induced by global macroeconomic volatility, it should attract significant buying support at the lower price levels. We think that domestic investors would gradually start coming back to equity markets after tasting the sweet fruits of returns in some recent IPOs. Just to reiterate our stance, investors should allocate incremental capital to equity markets at regular intervals. Corporate earnings have recovered from the downturn and given the momentum in domestic economy we could expect earnings growth of 15-2% over the next 3 years which would be the primary driver market returns going forward. Debt Outlook Inflation weighed on sentiment Government bond yields traded with an upside bias in October. Markets prepared for an impending monetary action by the Central Bank in the November 2 credit policy review that would look to calm the surge in inflationary expectations on account of the composite WPI growth at unacceptably high levels. The 1-year benchmark bond lost its sheen as market participants diverted volumes towards the 222 bonds; yield on the 7.8% 22 bond hardened from the 7.9% levels to close the month at 8.12%. Macro data mixed Industrial Production growth released at a dismal 5.6% for the month of August relative to market expectations of 9.5% while the previous month's print was revised higher by 14bps to 15.2%. Capital Goods component of the use-based classification of the Industrial growth contributed a contraction of.34% to the overall index relative to growth of 8.7% in the previous month reiterating the volatility in the momentum of industrial activity in the economy. Non-discretionary consumption continues to remain weak, the non-durable goods production contributing the smallest (.38%) to the average IP growth of 1.6% in the April-August 21 period. Inflation on the other hand for the month of September remained firm at 8.6% (in line with market expectations) and further expected to remain sticky as commodity price pressures on account of the second round of quantitative easing would keep the core inflation (largely demandpush inflation) firm. Positive guidance from RBI The Central Bank doled out the much expected rate action in the November 2 policy review, raising the repo and reverse repo by 25bps each but also citing a much lower likelihood of any further hikes in the coming three months (defined as the near term), as the inflation trajectory is expected to come off to 6% level by March 211. With fears of persistent asset price inflation on account of plush global liquidity rendering serious upside risks to core inflation notwithstanding, bond market cheered the near term pause guidance given by RBI. Bond prices were observed to be inching higher in response also as the central bank announced a proactive stance on liquidity management to avert sharp fluctuations in cash conditions that may hinder bank credit growth and government bond issuances. The most liquid 8.13% 222 bond traded strong as its yield softened nearly 1bps since October-end levels to trade currently at 8.2%. Open market purchase announcement by the central bank in long dated securities (more importantly the 7.8% 22 bond) further encouraged investor sentiment to support the bond price gains observed in the first week of November. Liquidity tight Liquidity in the banking system however remained in deficit and more importantly skewed on account of the Coal India IPO outflows from the system. Short term rates were rose in response the 3-month rate on certificate of deposits firmed by 1-15bps to nearly 8% levels while the one-year asset traded consistently at 8.5% plus levels. FOMC's decision to purchase another $6 billion of longer term treasury securities (second round of quantitative easing) sustained the buying is US bonds although possible commodity price inflation as liquidity flows to other asset classes was not observed to reinforce the investor sentiment domestic bond markets. Decline in inflation momentum expected We remain positive on government bond yields, expected to come off now on account of the gradual decline in inflation momentum (owing to the favourable base effect and the monsoon impact on food price inflation) and subsequently the central bank's intent to pause for any near term rate action. Global economic recovery is expected to report intermittent jerks that are expected to keep investor interest intact in global bonds although the domestic investor sentiment would be largely governed by domestic macroeconomic indicators only. We expect the growth in bank credit to clock sub-2% levels by FY11-end as the noninfrastructure sector lending remains weak further indicating a momentum slowdown in industrial activity and the overall growth trajectory. Liquidity is expected to remain tight as the coming weeks drain out the currency from the system on account of the festive season spending. We remain negative on corporate spreads that may widen going ahead on account of the expected softening of the underlying benchmark sovereign yields. While short-term rates currently trading at 8% plus levels across the 3-month plus maturities are expected to have peaked out amidst the banking system cash deficit of nearly INR 1 trillion, we do not however expect any material easing in rates as the banking system would reel under a structural liquidity deficit. Our Investment Team (In alphabetical order) Achala Kanitkar Research Analyst : Equity Lokesh Mallya Fund Manager / Research Analyst : Fixed Income Rohit Murarka Research Analyst : Fixed Income Ajay Argal Head Equity : Offshore Mahesh Patil Head Equity : Domestic Sanjay Chawla Fund Manager : Equity Ajay Garg Fund Manager : Equity Ankit Sancheti Fund Manager/ Research Analyst : Equity Atul Penkar Fund Manager/ Research Analyst : Equity Chanchal Khandelwal Research Analyst : Equity Hemang Dagli Sr. Equity Dealer / Fund Manager Kaustubh Gupta Fund Manager / Dealer : Fixed Income Maneesh Dangi Mayank Hyanki Naysar Shah Nishit Dholakia Paresh Khandelwal Prasad Dhonde Head : Fixed Income Research Analyst : Equity Sr Research Analyst : Equity Fund Manager / Research Analyst : Equity Research Analyst : Equity Fund Manager / Dealer : Fixed Income Satyabrata Mohanty Shaktie Prakash Sujit Patki Sunaina Da cunha Varda Pandey Vineet Maloo Head : Mixed Fund Manager / Dealer : Fixed Income Dealer : Equity Fund Manager / Research Analyst : Fixed Income Research Analyst : Fixed Income Fund Manager/ Research Analyst : Equity 3

4 N o v e m b e r 2 1 Systematic Investment As on October 31, 21 SIP is a powerful tool that can help you create wealth over time. Investment Period Total Investment Tax Relief 96 BSE 2 (Benchmark Index) Value of SIP in Returns (%)* Tax Relief 96 BSE 2 (Benchmark Index) Date of First Installment : April 1, 1996 Inception Date : March 29, 1996 Tax Relief 96 Since Inception % 3.94% Last 5 years % 18.83% Last 3 years % 27.63% Last 1 year % 32.24% Investment Period Total Investment cap Fund Value of SIP in Returns (%)* cap Fund Since Inception % 31.51% Last 5 years % 24.56% Last 3 years % 35.3% Last 1 year % 33.51% Date of First Installment : November 1, 22 Inception Date : October 3, 22 Frontline Equity Fund Value of SIP in Returns (%)* Investment Period Total Investment BSE 2 BSE 2 (Benchmark Index) Frontline Equity (Benchmark Index) Frontline Equity Fund Fund Since Inception % 28.92% Last 5 years % 22.93% Last 3 years % 29.1% Last 1 year % 31.6% Date of First Installment : October 1, 22 Inception Date : August 3, 22 Dividend Yield Plus Value of SIP in Returns (%)* Investment Period Total Investment S & P CNX 5 S & P CNX 5 (Benchmark Index) Dividend Yield (Benchmark Index) Dividend Yield Plus Plus Since Inception % 27.72% Last 5 years % 27.97% Last 3 years % 42.1% Last 1 year % 5.77% Date of First Installment : March 1, 23 Inception Date : February 26, 23 Investment Period Total Investment CNX cap (Benchmark Index) 95 Fund CRISIL Balanced Fund Index (Benchmark Index) Value (`) of SIP in Returns (%)* '95 Fund CNX cap (Benchmark Index) CRISIL Balanced Fund Index (Benchmark Index) cap Fund '95 Fund Since Inception % 26.8% Last 5 years % 21.12% Last 3 years % 28.6% Last 1 year % 3.25% Date of First Installment : April 1, 1995 Inception Date : February 1, Note : Past performance may or may not be sustained in future. Returns assume reinvestment of tax free dividend declared. The data assumes the investment of ` 1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) The above returns calculated assuming investments in Plan A -Growth option or Growth option as applicable and Dividend Plan in case of Tax Relief'96

5 Savings Ultra Short Term Fund Credit Quality High Med Low Interest Rate Sensitivity High As on October 31, 21 An open-ended short term income scheme with the objective to generate income and capital appreciation by investing 1% of the corpus in a diversified portfolio of debt and money market securities with relatively low levels of interest rate risk. Low Fund Manager : Mr. Kaustubh Gupta & Mr. Lokesh Mallya Managing Fund Since : September 29, 29 Total Experience : 5 years & 4 years Date of inception : April 19, 22 Nature of the scheme : An Open-ended Short Term Income Scheme Default option : Appln of less than ` 2 cr - Retail Plan - Fortnightly Dividend Reinvestment Appln of equal to or greater than ` 2 cr - Institutional Plan - Fortnightly Dividend Reinvestment Retail Plan Fresh Purchase : ` 1/- Additional Purchase : ` 1/- Institutional Plan Fresh Purchase : ` 2 Crore Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on October 29, 21) Retail Plan Growth : Daily Dividend : 1.55 (Reinvestment) Fortnightly Dividend : (Payout & Reinvestment) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Institutional Plan Growth : Daily Dividend : 1.55 (Reinvestment) Weekly Dividend : (Payout & Reinvestment) Fortnightly Dividend : (Payout & Reinvestment) Ulta Short Term Fund - Retail Plan - Growth CRISIL Short-Term Bond Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Rating Money Market Instruments 11.9 Dena Bank P1+ HDFC Ltd A1+ ICICI Bank Ltd A1+ Punjab and Sind Bank A1+ Andhra Bank 8.87 PR1+ IndusInd Bank Ltd P1+ State Bank of Patiala 4.8 P1+ IndusInd Bank Ltd PR1+ Punjab National Bank 3.74 PR1+ IDBI Bank Ltd A1+ AAA -1.9% Cash & Current Rating Profile Rating Canara Bank 3.71 P1+ State Bank of Hyderabad 1.86 A1+ Bank of India 1.83 P1+ Central Bank of India.75 PR1+ Kotak Mahindra Bank Ltd..73 P1+ Corporation Bank.38 P1+ Cash & Current -1.9 Total Net % Benchmark : CRISIL Short-Term Bond Fund Index Average AUM : ` 1, Crores Load Structure (Incl. for SIP) Exit Load** : For redemption/switch-out of units within 15 days from the date of :.25% of applicable NAV. **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity :.16 Years Yield to Maturity : 6.85% Mark to Market : - Standard Deviation :.25% CRISIL~CPR 2^^ Ultra Short Term Fund - Retail Plan Ultra Short Term Debt Schemes (4 Schemes), 1yr ended 3-Sep-1 CRISIL~CPR 2^^ Ultra Short Term Fund- Institutional Plan Ultra Short Term Debt Schemes-Inst (27 Schemes), 1yr ended 3-Sep-1 Value Research Rating Ultra Short Term Fund- Institutional Plan Ultra Short Term Debt Schemes-Inst (114 Schemes), 18 months & 3 years ended 31-Oct-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 53 8 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer.

6 Savings Dynamic Bond Fund Credit Quality High Med Low Interest Rate Sensitivity High As on October 31, 21 An Open-ended income scheme with the objective to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market instruments. Low Fund Manager : Mr. Maneesh Dangi Managing Fund Since : June 18, 29 Total Experience : 1 years Date of inception : September 27, 24 Nature of the scheme : An Open-ended Income Scheme Default option : Quarterly Dividend Reinvestment Retail Monthly Dividend Sweep Option Fresh Purchase : ` 5 lacs Additional Purchase : ` 1/- For Other Option Fresh Purchase : ` 5/- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on October 29, 21) Retail Growth : Retail Quarterly Dividend : (Payout, Reinvestment & Sweep Option) Retail Monthly Dividend : (Payout, Reinvestment & Sweep Option) Retail Monthly Dividend sweep option also available (w.e.f Jan 12, 29) Benchmark : CRISIL Composite Bond Fund Index Average AUM : ` 6, Crores Load Structure (Incl. for SIP) Exit Load** : For redemption/switch-out of units within 18 days from the date of :.5% of applicable NAV. For redemption/switch-out of units after 18 days but before 27 days from the date of :.2% of applicable NAV. For redemption/switch-out of units after 27 days from the date of : Nil **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity : 3.13 Years Modified Duration : 3.7 Years Yield to Maturity : 8.% Mark to Market : 95% Standard Deviation :.97% DBF - Retail - Growth Crisil Composite Bond Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Rating Corporate Debt 29.4 LIC Housing Finance Ltd. ** 6.11 AAA Reliance Ports & Terminals Ltd. ** 4.96 AAA Tata Capital Ltd. ** 2.44 AA+ Tata Sons Ltd. ** 2.23 AAA Sundaram Finance Ltd. ** 1.98 AA+ Aditya Birla Nuvo Ltd. ** 1.94 LAA+ GE Capital Services India. ** 1.55 AAA RHC Holding Private Ltd. ** 1.47 Unrated Kotak Mahindra Prime Ltd. ** 1.28 AA Tata Capital Ltd. ** 1.18 LAA+ Reliance Industries Ltd. ** 1.17 AAA Mundra Port & Special Economic Zone Ltd. **.85 AA(SO) Sundaram Finance Ltd. **.81 LAA+ Bajaj Finance Ltd. **.44 LAA+ Kotak Mahindra Prime Ltd. **.42 LAA Mahindra & Mahindra Financial Services Ltd. **.5 AA IDFC Ltd. **.6 AA+ Government Bond % CGL Sovereign 7.99% CGL Sovereign 8.26% GOVT.STOCK Sovereign 8.8% GOI 2Aug Sovereign 7.47% OIL MKT CO GOI BOND Sovereign 8.13% CGL 21Sep22.16 Sovereign Floating Rate Instruments 15.7 Power Finance Corporation Ltd AAA Reliance Capital Ltd AAA AAA Sovereign AA Cash & Current Unrated Rating HDFC Ltd LAAA ICICI Bank Ltd..98 AAA Axis Bank Ltd..65 LAA+ Union Bank of India.8 AAA Money Market Instruments IDBI Bank Ltd P1+ Indian Bank 3.11 P1+ State Bank of Patiala 3.5 P1+ Corporation Bank 2.48 P1+ Sundaram BNP Paribas Home Finance Ltd.4 A1+ HDFC Ltd..33 A1+ Canara Bank.32 P1+ ICICI Bank Ltd..11 A1+ IDBI Bank Ltd..5 A1+ Securitised Debt 9.4 Tata Capital Ltd. ** 2.94% 1.47% Rating Profile 22.4% 27.42% 8.5 CARE AA+(SO) North Delhi Power Ltd. **.98 LAA (SO) PSU/PFI Bonds/Banks 1.86 National Housing Bank **.8 AAA IDBI Bank Ltd. **.8 AA+ Rural Electrification Corporation Ltd. **.24 AAA Power Finance Corporation Ltd. **.2 AAA Cash & Current 2.94 Total Net % ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 4.3 % Value Research Rating Dynamic Bond Fund Debt: Medium Term (52 Schemes), 18 months & 3 years ended 31-Oct-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 53 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. 9

7 Savings Medium Term Plan Credit Quality High Med Low Interest Rate Sensitivity High As on October 31, 21 The primary investment objective of the Scheme is to generate regular income through investments in debt & money market instruments in order to make regular dividend payments to unitholders & secondary objective is growth of capital. Low Fund Manager : Mr. Maneesh Dangi & Mr. Kaustubh Gupta Managing Fund Since : June 25, 29 Total Experience : 1 years & 5 years Date of inception : March 25, 29 Nature of the scheme : An Open-ended Income Scheme Default option : Default Plan : Retail Default Option : Growth Default Facility : Fortnightly Dividend Reinvestment Retail Plan Fresh Purchase : ` 5/- Additional Purchase : ` 1/- For Institutional Plan Fresh Purchase : ` 1 Crore Additional Purchase : ` 1,/- Redemption Cheques : Within 1 working days Systematic Withdrawal : Not Available Plans / Options & NAV (As on October 29, 21) Retail Plan Weekly Dividend : (Reinvestment) Fortnightly Dividend : (Payout & Reinvestment) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Quarterly Dividend : (Payout, Reinvestment & Sweep Option) Growth : Institutional Plan Weekly Dividend : (Reinvestment) Fortnightly Dividend : (Payout & Reinvestment) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Quarterly Dividend : (Payout, Reinvestment & Sweep Option) Growth : Year Since Inception Other 1.15% Medium Term Plan - Retail - Growth Crisil Short Term Bond Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Rating Money Market Instruments Canara Bank P1+ Kotak Mahindra Bank Ltd P1+ NABARD 1.39 P1+ South Indian Bank 8. PR1+ Vijaya Bank 7.1 PR1+ Tata Teleservices Ltd PR1+ HDFC Ltd A1+ Reliance Capital Ltd A1+ Dhanalakshmi Bank 2.3 PR1+ Oriental Bank of Commerce 2.26 P1+ Yes Bank Ltd P1+ Kotak Mahindra Prime Ltd P1+ Corporation Bank 1.65 P1+ JM Finanical Products Pvt. Ltd P1+ IDBI Bank Ltd P1+ Union Bank of India 1.1 P1+ Central Bank of India.69 PR1+ Bank of Baroda.68 A Rating Profile Rating Indian Bank.45 P1+ Corporate Debt HDFC Ltd. ** 6.35 AAA CitiFinancial Consumer Finance India Ltd ** 3.18 AA Kotak Mahindra Prime Ltd. ** 2.7 LAA Kotak Mahindra Investments Ltd. ** 1.16 A1+ Kotak Mahindra Prime Ltd. ** 1.15 P1+ Tata Capital Ltd. **.55 AA+ Bajaj Finance Ltd. **.23 AA+ LIC Housing Finance Ltd. **.14 AAA Bills Discounted 1.15 HDFC Bank Ltd Cash & Current 4.15 Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is % AAA AA Cash & Current 6.2% 4.15% 88.68% Benchmark : CRISIL Short Term Bond Fund Index Average AUM : ` 1, Crores Load Structure (Incl. for SIP) Exit Load** :.25% if redeemed / switched out within 9 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity :.35 Years Modified Duration :.33 Years Yield to Maturity : 7.44% Mark to Market : 9% Standard Deviation Institutional Plan :.6% Value Research Rating Medium Term - Retail Plan Debt: Medium Term (52 Schemes), 18 months & 3 years ended 31-Oct-1 CRISIL~CPR 2^^ Medium Term - Retail Plan Debt: Medium Term (31 Schemes), 18 months & 3 years ended 3-Sep-1 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. (Past performance is no guarantee of future results.) for ranking methodology please refer page 53 1

8 Savings Income Plus Credit Quality High Med Low Interest Rate Sensitivity High As on October 31, 21 An open-ended income scheme with the objective to generate consistent income through superior yields on its investments at moderate levels of risk through a diversified investment approach. Rating Profile Low Fund Manager : Mr. Prasad Dhonde Managing Fund Since : Jan 11, 21 Total Experience : 11 years Date of inception : October 21, 1995 Nature of the scheme : An Open-ended Income Scheme Default option : Dividend Reinvestment Fresh Purchase : ` 5/- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on October 29, 21) Growth : Dividend : (Payout & Reinvestment) Benchmark : CRISIL Composite Bond Fund Index Average AUM : ` Crores Load Structure (Incl. for SIP) Exit Load** :.25% if redeemed / switched out within 7 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment Income Plus Growth CRISIL Composite Bond Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown. Rating Government Bond % CGL 21Sep Sovereign 8.8% GOI 2Aug Sovereign 7.99% CGL Sovereign 7.8% CGL Sovereign 8.2% CGL Sovereign 8.24% CGL Sovereign Corporate Debt 6.26 Reliance Ports & Terminals Ltd. ** 3.9 AAA Reliance Gas Transpotation Infrastructure Ltd ** 2.17 AAA Sovereign Cash & Current AA.81% Rating Infrastructure Leasing & Financial Services Ltd.**.19 LAAA PSU/PFI Bonds/Banks 2.39 Hindustan Petroleum Corporation Ltd. **.95 AAA IDBI Bank Ltd. **.81 AA+ ICICI Bank Ltd. **.62 AAA Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 8.65%. AAA 7.84% 13.54% 77.81% Average Maturity : 9.43 Years Modified Duration : 9.41 Years Yield to Maturity : 7.85% Mark to Market : 86% Standard Deviation : 2.19% CRISIL~CPR 1^^ Income Plus Consistent CPR Performer-Debt (14 Schemes), 5 Yrs ended 3-Sep-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 53 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer 11

9 Savings Income Fund Credit Quality High Med Low Interest Rate Sensitivity High As on October 31, 21 An open-ended income scheme with the objective to generate income and capital appreciation by investing 1% of the corpus in a diversified portfolio of debt and money market securities. Rating Profile Low Fund Manager : Mr. Shaktie Prakash Managing Fund Since : Jan 11, 21 Total Experience : 6 years Date of inception : March 3, 1997 Nature of the scheme : An Open-ended Income Scheme Default option : Dividend Reinvestment Fresh Purchase : ` 5/- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on October 29, 21) Growth : Quarterly Dividend : (Payout, Reinvestment & Sweep Option) Half Yearly Dividend : (Payout, Reinvestment & Sweep Option) 54 EA Growth : EA Dividend : EB Growth : EB Dividend : Benchmark : CRISIL Composite Bond Fund Index Average AUM : ` Crores Load Structure (Incl. for SIP) Exit Load** :.5% if redeemed / switched out within18 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment Income Fund Growth CRISIL Composite Bond Fund Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown. Rating Government Bond % CGL Sovereign 8.8% GOI 2Aug Sovereign 7.99% CGL Sovereign 7.35% CGL Sovereign 6.5% CGL 219 FEB.7 Sovereign Corporate Debt Small Industries Development Bank of India. ** 8.86 CARE AAA Godrej Consumer Products Ltd. ** 4.52 A1+ Kotak Mahindra Prime Ltd. ** 4.44 P1+ National Housing Bank ** 4.38 AAA Reliance Industries Ltd. ** 1.78 AAA Reliance Gas Transpotation Infrastructure Ltd ** 1.1 AAA Cash & Current 15.31% Rating Floating Rate Instruments 1.7 Reliance Capital Ltd. 1.7 AAA PSU/PFI Bonds/Banks 9.72 Hindustan Petroleum Corporation Ltd. ** 5.28 AAA Rural Electrification Corporation Ltd. ** 4.43 AAA Money Market Instruments 2.3 Bank of Baroda 1.42 A1+ State Bank of Hyderabad.88 A1+ Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 34.69%. AAA Sovereign 36.99% 47.69% Average Maturity : 4.55 Years Modified Duration : 4.54 Years Yield to Maturity : 7.8% Mark to Market : 85% Standard Deviation Retail Plan : 1.85% 54 EA Growth : 1.85% 54 EB Growth : 1.85% 12 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer

10 Savings Floating Rate Fund Short Term Plan As on October 31, 21 Credit Quality High Med Low Interest Rate Sensitivity High The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments. Low Fund Manager : Mr. Prasad Dhonde & Ms. Sunaina Da Cunha Managing Fund Since : June 18, 29 Total Experience : 11 years & 6 years Date of inception : June 5, 23 Nature of the scheme : An Open-ended Income Scheme Default option : Appln of less than ` 5 cr - Daily Dividend Reinvestment Appln of equal to or greater than ` 5 cr - Institutional Plan - Daily Dividend Reinvestment Retail Plan Fresh Purchase : ` 5/- Additional Purchase : ` 1/- Institutional Plan Fresh Purchase : ` 5 Crore Additional Purchase : ` 1 Lac Redemption Cheques Systematic Investment Systematic Withdrawal Systematic Transfer : Within 1 working days : NA : Available : Available days 1 Month 3 Months Since Inception Floating Rate Fund - STP - Growth CRISIL Liquid Fund Index Past performance may or may not be sustained in future. Returns are in % and simple annualized for period less than 1 year & CAGR for period 1 year or more. Rating Money Market Instruments IndusInd Bank Ltd PR1+ ING Vysya Bank Ltd P1+ Canara Bank P1+ Central Bank of India 11.5 PR1+ IDBI Home Finance Ltd A1+ Indian Oil Corporation Ltd P1+ AAA Cash & Current Rating Profile 25.35% 74.65% Rating Union Bank of India 4.29 P1+ Allahabad Bank 1.44 A1+ Cash & Current Total Net 1. Plans / Options & NAV (As on October 29, 21) Retail Plan Growth : Daily Dividend (Reinvestment) : 1.15 Dividend (Reinvestment) : Institutional Plan Growth : Daily Dividend (Reinvestment) : 1. Weekly Dividend (Reinvestment) : 1.21 Fortnightly Dividend : 1. (Reinvestment) Benchmark : CRISIL Liquid Fund Index Average AUM : ` 7.97 Crores Load Structure Entry Load Exit Load : Nil : Nil Average Maturity :.6 Years Yield to Maturity : 7.% Standard Deviation Retail Plan :.29% Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. Value Research Rating Floating Rate Fund- Short Term - Retail Debt: Floating Rate Short Term (96 Schemes), 18 months & 3 years ended 31-Oct-1 Value Research Rating Floating Rate Fund- Short Term - Inst Debt: Floating Rate Short Term (96 Schemes), 18 months & 3 years ended 31-Oct-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 53 13

11 Savings Gilt Plus Credit Quality High Med Low Interest Rate Sensitivity High As on October 31, 21 An open - ended government securities scheme with the objective to generate income and capital appreciation through investments exclusively in Government Securities. - Liquid Plan Rating Profile - Liquid Plan Low Fund Manager : Mr. Shaktie Prakash Managing Fund Since : June 18, 29 Total Experience : 6 years Date of inception : October 12, 1999 Nature of the scheme : An Open-ended Government Securities Scheme Default option : Growth Fresh Purchase : ` 5/- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on October 29, 21) Liquid Plan Growth : (Quarterly Gain & Annual Gain) Dividend : (Payout, Reinvestment & Sweep Option) Annual Dividend Option : (Payout, Reinvestment & Sweep Option) PF Plan Growth : (Quarterly Gain & Annual Gain) Dividend : (Payout, Reinvestment & Sweep Option) Annual Dividend Option : (Payout, Reinvestment & Sweep Option) Regular Plan Growth : (Quarterly Gain & Annual Gain) Dividend : (Payout, Reinvestment & Sweep Option) Annual Dividend Option : (Payout, Reinvestment & Sweep Option) Benchmark : Liquid Plan : I-Sec SI-BEX PF Plan : I-Sec LI-BEX Regular Plan : I-Sec LI-BEX Average AUM Liquid Plan : ` 5.74 Crores PF Plan : ` Crores Regular Plan : ` Crores Load Structure (Incl. for SIP) Liquid Plan, Regular Plan & PF Plan - Quarterly / Annual Dividend Exit Load : Nil PF Plan - Growth Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity Liquid Plan : - PF Plan : 9.95 Years Regular Plan : 4.94 Years Modified Duration Liquid Plan : Years 4.93 Years PF Plan : Regular Plan : Yield to Maturity Liquid Plan : 6. % PF Plan : 8. % Regular Plan : 7.85 % Mark to Market Liquid Plan : - PF Plan : 9% Regular Plan : 47% Standard Deviation Liquid Plan : 1.72 % PF Plan : 2.27 % Regular Plan : 2.3 % Gilt Plus - LP Growth I-Sec SI-BEX Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown. - PF Plan Gilt Plus - PF Growth I-Sec LI-BEX Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown Regular plan Gilt Plus - RP Growth I-Sec LI-BEX Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown. - Liquid Plan Rating Cash & Current 1. Total Net 1. - Regular Plan Rating Government Bond % GOI 2Aug Sovereign 7.99% CGL Sovereign Cash & Current 53.4 Total Net 1. Cash & Current Sovereign Cash & Current Cash & Current Sovereign Rating Profile - PF Plan 9.58% Rating Profile - Regular Plan 46.6% - PF Plan Rating Government Bond % CGL 21Sep Sovereign 7.8% CGL Sovereign 8.8% GOI 2Aug Sovereign Cash & Current 9.58 Total Net 1. 1.% 9.42% 53.4% Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. 14

12 Savings Government Securities Fund Credit Quality High Med Low Interest Rate Sensitivity High As on October 31, 21 An open-ended Gilt scheme with the objective to provide investors current income consistent with a portfolio invested 1% in securities by the Government of India or the State Governments, and the secondary objective is capital appreciation. Low Fund Manager : Mr. Maneesh Dangi Managing Fund Since : June 18, 29 Total Experience : 1 years Date of inception : October 28, 1999 Nature of the scheme : An Open-ended Gilt Scheme Default option : Growth For Short Term Retail Plan & Long Term Plan Fresh Purchase : ` 5/- Additional Purchase : ` 1/- For Short Term Institutional Plan Fresh Purchase : ` 5 crores Additional Purchase : ` 1 lacs Redemption Cheques : Within 1 working days Maximum Subscription amount (incl. switch in) Long Term Plan : ` 5 lacs Plans / Options & NAV (As on October 29, 21) Long Term Plan Growth : Dividend : (Payout & Reinvestment) - Long Term Plan G-Sec Fund - LTP - Growth I-Sec Li-BEX Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown Short Term Plan G-Sec Fund - STP - Growth I-Sec Si-BEX Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more.when benchmark returns are not available, they have not been shown Rating Profile - Long Term Plan Sovereign Cash & Current 6.88% Rating Profile - Short Term Plan Cash & Current 93.12% 1.% Short Term Plan - Retail Growth : Dividend : (Payout & Reinvestment) Daily Dividend : 1.31 (Reinvestment) Weekly Dividend : 1.13 (Reinvestment) Institutional Plan Daily Dividend : 1. Benchmark Short Term Plan : I-Sec SI-BEX Long Term Plan : I-Sec LI-BEX Average AUM Long Term Plan : ` Crores Short Term Plan : ` 3.22 Crores Load Structure (Incl. for SIP) Exit Load Long Term Plan : 1.% if redeemed / switched out within 365 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Short Term Plan : Nil - Long Term Plan Rating Government Bond % CGL Sovereign 7.99% CGL Sovereign 8.8% GOI 2Aug Sovereign Cash & Current 6.88 Total Net 1. - Short Term Plan Rating Cash & Current 1. Total Net 1. Average Maturity Long Term Plan : Short Term Plan : Modified Duration Long Term Plan : 8.39 Years Years Short Term Plan : - Yield to Maturity Long Term Plan : 7.6 % Short Term Plan : 6. % Mark to Market Long Term Plan : 93% Short Term Plan : - Standard Deviation Long Term Plan : 3.43% Short Term Plan :.87% Value Research Rating Government Securities Fund - Long Term Plan Gilt: Medium & Long Term (33 Schemes), 18 months & 3 years ended 31-Oct-1 Standard Deviation is calculated on annualised basis using 1 year history of monthly returns, source: MFI Explorer. (Past performance is no guarantee of future results.) for ranking methodology please refer page 53 15

13 Savings Enhanced Arbitrage Fund As on October 31, 21 Fund Manager : Mr. Hemang Dagli Managing Fund Since : Since Inception Total Experience : 12 years Date of inception : July 24, 29 Nature of the scheme : A open-ended Equity Scheme An Open ended Equity Scheme with an investment objective to generate income by investing predominantly in equity and equity related instruments. Scheme intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Futures). Default option : Default Plan: Retail Plan Default Facility: Dividend Reinvestment Retail Plan Fresh Purchase : ` 5/- Additional Purchase : ` 1/- Institutional Plan Fresh Purchase : ` 5,,,/- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Enhanced Arbitrage Fund Retail - Growth 4.33 Crisil Liquid Fund Index Year Since Inception Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Plans / Options & NAV (As on October 29, 21) Retail Plan Dividend : (Payout & Reinvestment & Sweep) Growth : Institutional Plan Dividend : - (Payout & Reinvestment & Sweep) Growth : - Benchmark : Crisil Liquid Fund Index Average AUM : ` 4.31 Crores Load Structure (Incl for SIP) l Exit Load** : For Redemption / Switch-out of units before 9 days from the date of :.75%. For Redemption/Switch-out of units on or after 9 days but before 18 days from the date of :.5%. For Redemption/Switch-out of units on or after 18 days from the date of : Nil **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Banks ICICI Bank Ltd Dena Bank 8.91 Consumer Non Durables United Spirits Ltd Asian Paints Ltd Construction Project Lanco Infratech Ltd. 9.1 GMR Infrastructure Ltd Telecom - Equipment & Accessories 8.49 GTL Ltd Transportation 8.41 Mercator Lines Ltd Telecom-Services 4.42 Bharti Airtel Ltd Future and Options Bharti Airtel Ltd Futures Nov GMR Infrastructure Ltd Futures Nov Mercator Lines Ltd. Futures Nov GTL Ltd. Futures Nov Dena Bank Futures Nov Lanco Infratech Ltd. Futures Nov Asian Paints Ltd Futures Nov United Spirits Ltd Futures Nov ICICI Bank Ltd. Futures Nov Cash & Cash Equivalents Net receivables / payables Total Net 1. 16

14 Regular Income Monthly Income An open-ended scheme. Monthly income is not assured and is subject to availability of distributable surplus Credit Quality High Low Interest rate sensitivity High As on October 31, 21 An open-ended income scheme with the primary investment objective to generate regular income so as to make monthly and quarterly distributions to Unit holders and the secondary objective as growth of capital. Monthly income is not assured and is subject to availability of distributable surplus Rating Profile Low Fund Manager : Mr. Satyabrata Mohanty & Mr. Nishit Dholakia Managing Fund Since : June 18, 29 Total Experience : 12 years & 1 years Date of inception : July 14, 1999 Nature of the scheme : An Open-ended Income Scheme Default Plan / Option : Growth / Dividend Reinvestment For Monthly & Quarterly Dividend Fresh Purchase : ` 25/- Additional Purchase : ` 5/- For Growth Plan Fresh Purchase : ` 5/- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on October 29, 21) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Quarterly Dividend : (Payout, Reinvestment & Sweep Option) Growth : Benchmark : CRISIL MIP Blended Index Average AUM : ` Crores Load Structure Exit Load** : 1.% if redeemed / switched out within 365 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity : 1.8 Years Modified Duration : 1.6 Years Yield to Maturity : 7.5% (for Debt Component) Mark to Market : 86% Standard Deviation : 7.86% Sharpe Ratio : Monthly Income - Growth Crisil MIP Blended Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Rating Debt Allocation Money Market Instruments Punjab National Bank PR1+ Bank of Baroda 9.78 A1+ Central Bank of India 7.11 PR1+ HDFC Bank Ltd A1+ L&T Finance Ltd PR1+ Corporation Bank 3.5 P1+ Canara Bank 2.12 P1+ Oriental Bank of Commerce 1.27 P1+ Corporate Debt Sundaram Finance Ltd.** 7.4 LAA+ Reliance Ports & Terminals Ltd.** 4.33 AAA ICICI Home Finance Company Ltd.** 4.3 LAAA Reliance Utilities & Power Pvt. Ltd.** 3.56 AAA(SO) Aditya Birla Nuvo Ltd.** 3.54 LAA+ LIC Housing Finance Ltd.**.77 AAA IDFC Ltd.**.29 AA+ HDFC Ltd.**.12 AAA Government Bond % CGL Sovereign PSU/PFI Bonds/Banks.4 IDBI Bank Ltd.**.38 AA+ Power Finance Corporation Ltd.**.1 AAA Equity Allocation Banks 2.24 Allahabad Bank.6 IndusInd Bank Ltd..57 ICICI Bank Ltd..42 Oriental Bank of Commerce.36 The South Indian Bank Ltd..3 AAA Other Cash & Current AA Sovereign 3.5% 13.39% 12.49% 11.25% Rating Auto.6 Mahindra & Mahindra Ltd..3 Ashok Leyland Ltd..3 Consumer Durables.54 Blue Star Ltd..29 Bajaj Electricals Ltd..25 Auto Ancillaries.53 Phillips Carbon Black Ltd..26 Motherson Sumi Systems Ltd..26 Fertilisers.51 Coromandel International Ltd..51 Oil.47 Oil & Natural Gas Corporation Ltd..47 Paper.38 Ballarpur Industries Ltd..38 Media & Entertainment.33 Jagran Prakashan Ltd..23 Hindustan Media Ventures Ltd..11 Magnasound India Ltd. ** Industrial Capital Goods.31 Thermax Ltd..31 Gas.31 Indraprastha Gas Ltd..31 Transportation.3 The Great Eastern Shipping Company Ltd..3 Pharmaceuticals.29 Wyeth Ltd % Consumer Non Durables 1.69 Bajaj Corp Ltd..59 Asian Paints Ltd..38 Akzo Nobel India Ltd..37 Glaxosmithkline Consumer Healthcare Ltd..35 Finance 1.26 Shriram Transport Finance Company Ltd..33 Mahindra & Mahindra Financial Services Ltd..32 Power Finance Corporation Ltd..31 LIC Housing Finance Ltd..31 Minerals/Mining.27 Nava Bharat Ventures Ltd..27 Engineering Services.21 VA Tech Wabag Ltd..21 Hotels.16 Taj GVK Hotels & Resorts Ltd..16 Power.16 Gujarat Industries Power Company Ltd..16 Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 year history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 6.8% (91 day T-bill yield As on October 29, 21). Industrial Products 1.7 Cummins (India) Ltd..61 Greaves Cotton Ltd..46 Software.88 Tata Consultancy Services Ltd..44 Infosys Technologies Ltd..3 HCL Technologies Ltd..14 Pesticides.6 Rallis India Ltd..6 Construction Project.15 Voltas Ltd..15 Petroleum Products.12 Castrol India Ltd..12 Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 24.34% Indicates less than.1 CRISIL~CPR 1^^ Monthly Income MIP Conservative Scheme (12 Schemes), 2 years ended 3-Sep-1 Value Research Rating Monthly Income Hybrid: Monthly Income (45 Schemes),for 3 & 5 years periods ended 31-Oct-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 53 17

15 Regular Income MIP An open-ended scheme. Monthly income is not assured and is subject to availability of distributable surplus Credit Quality High Low Interest rate sensitivity High As on October 31, 21 The primary objective of the scheme is to generate regular income so as to make monthly distributions to unitholders with the secondary objective being growth of capital. Income may be generated through the receipt of coupon payments, the amortization of the discount on debt instruments, receipt of dividends or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets primarily in fixed income securities, money market instruments, cash and cash equivalents while at the same time maintaining a small exposure to equity markets. (Monthly income is not assured and is subject to availability of distributable surplus.) Low Rating Profile Fund Manager : Mr. Satyabrata Mohanty & Mr. Nishit Dholakia Managing Fund Since : June 18, 29 Total Experience : 12 years & 1 years Date of inception : November 2, 2 Nature of the scheme : An Open-ended Income Scheme Default option : Dividend Reinvestment / Instant Payment For Monthly Dividend / Payment Fresh Purchase : ` 25/- Additional Purchase : ` 1/- For Growth Fresh Purchase : ` 5/- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on October 29, 21) Dividend : (Payout, Reinvestment & Sweep Option) Monthly Payment / Growth : (Instant / Deferred) Benchmark : CRISIL MIP Blended Index Average AUM : ` Crores Load Structure Exit Load** :.25% if redeemed/switched out within 7 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity : 1.2 Years Modified Duration : 1.19 Years Yield to Maturity : 7.7% (for Debt Component) Mark to Market : 88% Standard Deviation : 7.48% Sharpe Ratio : MIP - Growth Crisil MIP Bended Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. When benchmark returns are not available, they have not been shown. Rating Debt Allocation Money Market Instruments 42.6 Union Bank of India 12.4 P1+ Punjab National Bank 1.82 PR1+ Central Bank of India 1.5 PR1+ HDFC Bank Ltd. 7.8 A1+ Punjab and Sind Bank 1.8 PR1+ Corporate Debt Reliance Ports & Terminals Ltd.** 7.35 AAA Sundaram Finance Ltd.** 7.17 LAA+ LIC Housing Finance Ltd.** 2.14 AAA HDFC Ltd** 1.86 AAA IDFC Ltd.** 1.86 AA+ HDFC Ltd**.75 AAA PSU/PFI Bonds/Banks 8.19 IDBI Bank Ltd.** 4.7 AA+ National Housing Bank** 1.81 AAA Power Grid Corporation of India Ltd.** 1.45 AAA Power Finance Corporation Ltd.**.15 AAA State Bank of India**.8 AAA Government Bond % CGL 21Sep Sovereign 6.9% CGL Sovereign Equity Allocation Banks 2.55 IndusInd Bank Ltd..72 ICICI Bank Ltd..49 HDFC Bank Ltd..46 Yes Bank Ltd..45 ING Vysya Bank Ltd..44 AAA AA Other Cash & Current Sovereign 2.85% 13.73% 13.11% 12.12% Rating Software.89 Tata Consultancy Services Ltd..46 Infosys Technologies Ltd..43 Pharmaceuticals.82 Aurobindo Pharma Ltd.52 Divis Laboratories Ltd..3 Consumer Non Durables.79 ITC Ltd..44 Bata India Ltd..36 Auto.64 Mahindra & Mahindra Ltd..32 Ashok Leyland Ltd..32 Fertilisers.47 Coromandel International Ltd..47 Non - Ferrous Metals.45 Hindustan Zinc Ltd..45 Consumer Durables.43 Whirlpool of India Ltd..43 Retailing.41 Trent Ltd..41 Textile Products.4 S. Kumars Nationwide Ltd..4 Transportation.33 Cox & Kings Ltd..33 Industrial Products.32 Jain Irrigation Systems Ltd % Construction 1.53 Prestige Estates Projects Ltd..46 Sobha Developers Ltd..39 Sadbhav Engineering Ltd..39 Ramky Infrastructure Ltd.**.25 Sadbhav Engineering Ltd. - Warrant**.4 Industrial Capital Goods 1.38 Thermax Ltd..5 Crompton Greaves Ltd..46 Alstom Projects India Ltd..41 Finance 1.3 Shriram Transport Finance Company Ltd..51 Mahindra & Mahindra Financial Services Ltd..51 Construction Project.3 Voltas Ltd..3 Power.27 Torrent Power Ltd..27 Media & Entertainment.11 HT Media Ltd..11 Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 29.61% Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 year history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 6.8% (91 day T-bill yield As on October 29, 21). CRISIL~CPR 1^^ MIP MIP Conservative Scheme (12 Schemes), 2 years ended 3-Sep-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 53 18

16 Regular Income MIP II - Wealth 25 Plan An open-ended scheme. Monthly income is not assured and is subject to availability of distributable surplus As on October 31, 21 Credit Quality High Low Interest rate sensitivity High Low Fund Manager : Mr. Satyabrata Mohanty & Mr. Nishit Dholakia Managing Fund Since : June 18, 29 Total Experience : 12 years & 1 years Date of inception : May 22, 24 Nature of the scheme : An Open-ended Income Scheme Default option : Dividend Reinvestment For Monthly Dividend / Payment Fresh Purchase : ` 25/- Additional Purchase : ` 1/- For Growth Fresh Purchase : ` 5/- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on October 29, 21) Dividend : (Payout, Reinvestment & Sweep Option) Growth / Payment : Benchmark : CRISIL MIP Blended Index Average AUM : ` Crores Load Structure Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity : 2.87 Years Modified Duration : 2.85 Years Yield to Maturity : 7.35% (for Debt Component) Mark to Market : 85% Standard Deviation : 11.79% Sharpe Ratio : -.6 Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 year history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 6.8% (91 day T-bill yield As on October 29, 21). An open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus MIP II - Wealth 25 - Growth Crisil MIP Bended Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Rating Debt Allocation Money Market Instruments Central Bank of India 14.8 PR1+ HDFC Bank Ltd. 8.4 A1+ Punjab National Bank 5.36 PR1+ Corporation Bank 5.27 P1+ Government Bond % CGL 21Sep Sovereign 7.8% CGL Sovereign 7.61% OIL COMP GOI BONDS Sovereign PSU/PFI Bonds/Banks 1.36 IDBI Bank Ltd.** 1.36 AA+ Corporate Debt 9.68 Reliance Utilities & Power Pvt. Ltd.** 4.3 AAA(SO) Aditya Birla Nuvo Ltd.** 3.2 LAA+ Reliance Ports & Terminals Ltd.** 2.18 AAA Equity Allocation Banks 3.69 ICICI Bank Ltd..75 Punjab National Bank.64 Allahabad Bank.55 Federal Bank Ltd..5 IndusInd Bank Ltd..5 Indian Overseas Bank.44 United Bank Of India.31 Consumer Non Durables 3.44 United Breweries Ltd..7 United Spirits Ltd..49 Asian Paints Ltd..39 Bajaj Corp Ltd..38 Bata India Ltd..38 Radico Khaitan Ltd..36 Glaxosmithkline Consumer Healthcare Ltd..31 Jubilant Foodworks Ltd..23 Zydus Wellness Ltd..2 Finance 1.99 HDFC Ltd..6 ICRA Ltd..5 Shriram Transport Finance Company Ltd..48 IDFC Ltd..42 Pharmaceuticals 1.5 Torrent Pharmaceuticals Ltd..62 Aurobindo Pharma Ltd.51 Pfizer Ltd..37 Industrial Capital Goods 1.39 Crompton Greaves Ltd..51 Thermax Ltd..47 Bharat Heavy Electricals Ltd..41 Auto 1.38 Tata Motors Ltd..5 Maruti Suzuki India Ltd..44 Bajaj Auto Ltd..44 Rating Profile Rating Cement 1.4 Century Textiles and Industries Ltd..43 Grasim Industries Ltd..32 Shree Cements Ltd..29 Software 1.1 HCL Technologies Ltd..57 Oracle Financial Services Software Ltd..29 Core Projects & Technologies Ltd..15 Engineering Services.95 VA Tech Wabag Ltd..95 Media & Entertainment.84 Dish TV India Ltd..39 HT Media Ltd..26 DQ Entertainment International Ltd..19 Telecom-Services.65 Bharti Airtel Ltd..65 Industrial Products.65 Bharat Forge Ltd..65 Transportation.64 Cox & Kings Ltd..34 Arshiya International Ltd..3 Auto Ancillaries.61 Motherson Sumi Systems Ltd..4 Phillips Carbon Black Ltd..22 Retailing.6 Pantaloon Retail (India) Ltd..6 Future Mall Management Ltd.** Fertilisers.56 Chambal Fertilisers and Chemicals Ltd..56 Pesticides.52 Rallis India Ltd..52 Non - Ferrous Metals.48 Hindalco Industries Ltd..48 Consumer Durables.44 Whirlpool of India Ltd..44 Construction.4 Ramky Infrastructure Ltd..22 JMC Projects (India) Ltd..18 Textile Products.38 S. Kumars Nationwide Ltd..38 Construction Project.34 Lanco Infratech Ltd..34 Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 11.4% Indicates less than.1 AAA Other Sovereign Cash & Current AA 4.56% 16.45% 15.15% 23.52% 4.31% CRISIL~CPR 2^^ MIP II - Wealth 25 Plan MIP Aggressive Scheme (21 Schemes), 2 years ended 3-Sep-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 53 19

17 Regular Income MIP II - Savings 5 Plan An open-ended scheme. Monthly income is not assured and is subject to availability of distributable surplus As on October 31, 21 Credit Quality High Low Interest rate sensitivity High Low Fund Manager : Mr. Satyabrata Mohanty & Mr. Nishit Dholakia Managing Fund Since : June 18, 29 Total Experience : 12 years & 1 years Date of inception : May 22, 24 Nature of the scheme : An Open-ended Income Scheme Default option : Growth / Dividend Reinvestment For Monthly Dividend / Payment Fresh Purchase : ` 25/- Additional Purchase : ` 1/- For Growth Fresh Purchase : ` 5/- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on October 29, 21) Monthly Dividend : (Payout, Reinvestment & Sweep Option) Monthly Payment / Growth : Benchmark : CRISIL MIP Blended Index Average AUM : ` 1, Crores Load Structure (Incl. for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment. Average Maturity : 1.55 Years Modified Duration : 1.53 Years Yield to Maturity : 7.75% (for Debt Component) Mark to Market : 87% Standard Deviation : 8.83% Sharpe Ratio :.55 An Open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus MIP II - Savings 5 - Growth Crisil MIP Bended Index Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Rating Debt Allocation 8.6 Money Market Instruments Bank of Baroda A1+ HDFC Bank Ltd. 9.4 A1+ NABARD 7.56 P1+ Indian Bank 7.55 P1+ Federal Bank Ltd P1+ IDBI Bank Ltd A1+ Corporation Bank 1.51 P1+ Corporate Debt LIC Housing Finance Ltd.** 7.8 AAA Reliance Utilities & Power Pvt. Ltd.** 3.9 AAA(SO) Small Industries Development Bank of India** 1.9 AAA Tata Sons Ltd.** 1.9 AAA ICICI Home Finance Company Ltd.**.39 LAAA Reliance Industries Ltd.**.31 AAA HDFC Ltd.**.23 AAA PSU/PFI Bonds/Banks 8.15 National Housing Bank** 7.33 AAA Power Finance Corporation Ltd.**.5 AAA IDBI Bank Ltd.**.33 AA+ Government Bond % CGL 21Sep Sovereign 7.8% CGL Sovereign Floating Rate Instruments 5.91 Power Finance Corporation Ltd AAA Reliance Capital Ltd AAA Equity Allocation 7.18 Consumer Non Durables 1.3 Glaxosmithkline Consumer Healthcare Ltd..25 Asian Paints Ltd..21 Akzo Nobel India Ltd..16 Dabur India Ltd..15 Godrej Consumer Products Ltd..14 Bajaj Corp Ltd..11 AAA Cash & Current Sovereign Other AA.33% 7.72% 7.18% Rating Profile 12.76% Rating CRISIL Ltd..22 Auto.42 Bajaj Auto Ltd..19 Maruti Suzuki India Ltd..12 Tata Motors Ltd..1 Software.41 Infosys Technologies Ltd..15 HCL Technologies Ltd..11 Tata Consultancy Services Ltd..8 Wipro Ltd..7 Auto Ancillaries.36 Motherson Sumi Systems Ltd..23 Bosch Ltd..14 Industrial Capital Goods.33 Thermax Ltd..18 Bharat Heavy Electricals Ltd..1 Bharat Bijlee Ltd..5 Engineering Services.3 VA Tech Wabag Ltd..3 Cement.26 Century Textiles and Industries Ltd..16 Grasim Industries Ltd..11 Power.25 Gujarat Industries Power Company Ltd..13 Kalpataru Power Transmission Ltd..12 Media & Entertainment.24 D.B. Corp Ltd..14 Jagran Prakashan Ltd..1 Fertilisers.21 Coromandel International Ltd..21 Construction Project.15 Voltas Ltd % Banks.85 United Bank Of India.25 Allahabad Bank.17 Federal Bank Ltd..16 ICICI Bank Ltd..16 State Bank of India.1 Pharmaceuticals.72 Cadila Healthcare Ltd..23 Glaxosmithkline Pharmaceuticals Ltd..17 Torrent Pharmaceuticals Ltd..16 Wyeth Ltd..16 Consumer Durables.12 Blue Star Ltd..12 Engineering.12 Engineers India Ltd..12 Retailing.11 Pantaloon Retail (India) Ltd..11 Future Mall Management Ltd.** Non - Ferrous Metals.9 Hindalco Industries Ltd..9 Standard Deviation & Sharpe Ratio are calculated on Annualised basis using 3 year history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 6.8% (91 day T-bill yield As on October 29, 21). Industrial Products.65 Cummins (India) Ltd..28 Bharat Forge Ltd..23 Greaves Cotton Ltd..14 Finance.48 ICRA Ltd..26 Oil.9 Oil & Natural Gas Corporation Ltd..9 Cash & Current Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is 23.77% Value Research Rating MIP II Savings 5 Plan Hybrid: Monthly Income (45 Schemes),for 3 & 5 years periods ended 31-Oct-1 (Past performance is no guarantee of future results.) for ranking methodology please refer page 53 2

18 Tax Saving Tax Relief 96 An open - ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years As on October 31, 21 Investment Style Value Blend Growth Size Fund Manager : Mr. Ajay Garg Managing Fund Since : October 1,26 Total Experience : 15 years Date of inception : March 29, 1996 Nature of the scheme : An Open-ended ELSS Scheme Default option : Dividend Payout Fresh Purchase : ` 5/- Additional Purchase : ` 5/- Redemption Cheques : Within 1 working days Systematic Withdrawal : Not Available Systematic Transfer : Not Available Plans / Options & NAV (As on October 29, 21) Dividend : (Payout, Reinvestment & Sweep) Growth (w.e.f. 6/3/8) : Benchmark : BSE 2 Average AUM : ` 1,665.1 Crores Load Structure (Incl for SIP) Exit Load : Nil Standard Deviation : 39.62% Sharpe Ratio : -.2 Beta : 1.3 Large Small Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 6.8% (91 day T-bill yield As on October 29, 21). An open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 8% equity, 2% debt and money market securities SIP is a powerful tool that can help you create wealth over time. If you had invested in Tax Relief Investment Period Year 29.5 Total Investment Value of SIP in Returns (%)* BSE 2 BSE 2 Tax Relief 96 Tax Relief 96 Since Inception Last 5 years Last 3 years Last 1 year Date of First Installment : April 1, 1996 The data assumes the investment of `1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Banks 18.5 State Bank of India 4.79 Axis Bank Ltd ING Vysya Bank Ltd ICICI Bank Ltd HDFC Bank Ltd Kotak Mahindra Bank Ltd IndusInd Bank Ltd. 1.4 Industrial Capital Goods 7.7 Honeywell Automation India Ltd Bharat Heavy Electricals Ltd Crompton Greaves Ltd Bharat Bijlee Ltd..5 Siemens Ltd..35 Finance 7.54 HDFC Ltd ICRA Ltd India Infoline Ltd. 1.2 Auto Ancillaries 6.25 MRF Ltd. 2.6 Bosch Ltd Sundaram-Clayton Ltd Petroleum Products 6.25 Reliance Industries Ltd Power 6.14 Reliance Infrastructure Ltd Torrent Power Ltd. 2.7 GVK Power & Infrastructure Ltd..69 ** Represents thinly traded/ non traded securities and illiquid securities. Indicates less than.1 Tax Relief 96 - Dividend BSE Years 21.3 Systematic Investment Software 5.68 Infosys Technologies Ltd Tata Consultancy Services Ltd Core Projects & Technologies Ltd..17 Ferrous Metals 5.4 Jindal Steel & Power Ltd Tata Steel Ltd Construction Project 4.4 Larsen & Toubro Ltd. 4.4 Auto 3.86 Maruti Suzuki India Ltd Mahindra & Mahindra Ltd Pharmaceuticals 3.81 Glaxosmithkline Pharmaceuticals Ltd Torrent Pharmaceuticals Ltd Consumer Non Durables 3.77 United Breweries Holdings Ltd United Spirits Ltd. 1.5 Radico Khaitan Ltd..97 Non - Ferrous Metals 3.47 Hindalco Industries Ltd Sterlite Industries (India) Ltd Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Returns assume reinvestment of the tax free dividend declared. Asian Hotels West Ltd..18 Pesticides 3.32 United Phosphorus Ltd Rallis India Ltd Industrial Products 3.2 Cummins (India) Ltd. 3.2 Transportation 2.5 Jet Airways India Ltd. 1.5 Spicejet Ltd..99 Retailing 1.82 Shoppers Stop Ltd..77 Trent Ltd. CCPS Series A.62 Trent Ltd..43 Media & Entertainment 1.13 Television Eighteen India Ltd Magnasound India Ltd. ** Construction.8 Ackruti City Ltd..8 United States of America.56 Sterlite Industries (India) Ltd - ADS.56 Gas.4 GAIL India Ltd..21 Gujarat Gas Company Ltd..19 Cash & Cash Equivalents.71 Hotels 3.4 Indian Hotels Company Ltd Net receivables / payables -.42 Taj GVK Hotels & Resorts Ltd..8 Asian Hotels North Ltd..23 Total Net 1. Total Percentage of thinly/non traded securities is Nil Years Since Inception 21

19 Tax Saving Tax Plan An open - ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years As on October 31, 21 Investment Style Value Blend Growth Size Large An open-ended Equity Linked Savings Scheme (ELSS) with the objective to achieve long-term growth of capital along with income tax relief for investment. Fund Manager : Mr. Sanjay Chawla Managing Fund Since : September 12, 27 Total Experience : 22 years Date of inception : February 16, 1999 Nature of the scheme : An Open-ended ELSS Scheme Default option : Dividend Payout Fresh Purchase : ` 5/- Additional Purchase : ` 5/- Redemption Cheques : Within 1 working days Systematic Withdrawal : Not Available Systematic Transfer : Not Available Plans / Options & NAV (As on October 29, 21) Dividend : (Payout, Reinvestment & Sweep) Growth : Benchmark : BSE SENSEX Average AUM : ` Crores Load Structure (Incl for SIP) Exit Load : Nil Standard Deviation : 34.1% Sharpe Ratio : -.22 Beta :.95 Small SIP is a powerful tool that can help you create wealth over time. If you had invested in Tax Plan... Investment Period Total Investment BSE SENSEX Value of SIP in Returns (%)* Tax Plan BSE SENSEX Tax Plan Since Inception Last 5 years Last 3 years Last 1 year Date of First Installment : March 1, 1999 The data assumes the investment of `1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Tax Plan - Dividend Banks ICICI Bank Ltd HDFC Bank Ltd Federal Bank Ltd Oriental Bank of Commerce 1.88 Axis Bank Ltd Industrial Products 7.13 Cummins (India) Ltd Greaves Cotton Ltd Software 6.53 Infosys Technologies Ltd Wipro Ltd Oil 5.94 Oil India Ltd Oil & Natural Gas Corporation Ltd. 2.5 Great Offshore Ltd..71 Auto Ancillaries 5.36 Motherson Sumi Systems Ltd Bosch Ltd. 2.5 Amtek Auto Ltd. 1. Portfolio Portfolio & Asset & Asset Allocation Allocation.33 1 Year Years 5 Years Since Inception BSE Sensex Systematic Investment Industrial Capital Goods 5.11 BGR Energy Systems Ltd 2.85 Alstom Projects India Ltd Sterlite Technologies Ltd..83 Finance 4.72 Shriram Transport Finance Company Ltd Gas 4.57 Indraprastha Gas Ltd GAIL India Ltd Pharmaceuticals 4.42 Cipla Ltd Cadila Healthcare Ltd. 2.2 Petroleum Products 3.87 Reliance Industries Ltd Transportation 3.82 Jet Airways India Ltd. 2.4 Cox & Kings Ltd Media & Entertainment 3.28 Television Eighteen India Ltd Magnasound India Ltd. ** Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Returns assume reinvestment of the tax free dividend declared. Consumer Durables 2.59 Blue Star Ltd Retailing 2.37 Pantaloon Retail (India) Ltd Future Mall Management Ltd. **.1 Ferrous Metals 2.23 Tata Steel Ltd Fertilisers 1.81 Coromandel International Ltd Consumer Non Durables 1.76 Godrej Consumer Products Ltd Bajaj Corp Ltd..18 Hotels 1.2 Indian Hotels Company Ltd. 1.2 Telecom-Services.55 Idea Cellular Ltd..55 Telecom - Equipment & Accessories.53 OnMobile Global Ltd..53 Cash & Cash Equivalents 6.26 Auto 5.26 Mahindra & Mahindra Ltd Net receivables / payables.4 Tata Motors - DVR 1.9 Construction 3.4 Tata Motors Ltd..71 Simplex Infrastructures Ltd. 3.4 Total Net 1. ** Represents thinly traded/ non traded securities and illiquid securities. Total Percentage of thinly/non traded securities is.1%. Indicates less than Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer. Risk-free rate assumed to be 6.8% (91 day T-bill yield As on October 29, 21). 22

20 Wealth Creation Equity Fund As on October 31, 21 Investment Style Value Blend Growth Size Fund Manager : Mr. Mahesh Patil Managing Fund Since : November 17, 25 Total Experience : 2 years Date of inception : August 27, 1998 Nature of the scheme : An Open-ended Growth Scheme Default option : Dividend Reinvestment Fresh Purchase : ` 5/- Additional Purchase : ` 1/- Redemption Cheques : Within 1 working days Plans / Options & NAV (As on October 29, 21) Dividend : ( Payout, Reinvestment & Sweep) Growth : Benchmark : BSE 2 Average AUM : ` 1,153.4 Crores Load Structure (Incl for SIP) Exit Load** : 1% if redeemed / switched out within 365 days from the date of **Exit Load is NIL for units in Bonus & Dividend Reinvestment Standard Deviation : 35.8% Sharpe Ratio : -.12 Beta :.93 Large Small An open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 9% equity and 1% debt and money market securities Banks State Bank of India 3.57 ICICI Bank Ltd Bank of Baroda 2.71 Axis Bank Ltd HDFC Bank Ltd The South Indian Bank Ltd Union Bank of India 1.1 Yes Bank Ltd..2 Industrial Capital Goods 1.54 Thermax Ltd Crompton Greaves Ltd. 3.9 Bharat Heavy Electricals Ltd. 2.6 Siemens Ltd Bharat Bijlee Ltd..96 Software 8.47 Tata Consultancy Services Ltd Infosys Technologies Ltd Polaris Software Lab Ltd Core Projects & Technologies Ltd..54 Megasoft Ltd..51 Pharmaceuticals 7.1 Dr.Reddy's Laboratories Ltd Aurobindo Pharma Ltd 2.6 Torrent Pharmaceuticals Ltd Maestro Mediline Systems Ltd..3 Consumer Non Durables 6.95 ITC Ltd. 3.7 United Breweries Holdings Ltd Asian Paints Ltd..47 Power 6.1 GVK Power & Infrastructure Ltd CESC Ltd ** Represents thinly traded/ non traded securities and illiquid securities. Indicates less than.1 Systematic Investment SIP is a powerful tool that can help you create wealth over time. If you had invested in Equity Fund... Investment Period Total Investment 2.34 Equity Fund - Growth BSE Since Inception Last 5 years Last 3 years Last 1 year Date of First Installment : October 1, 1998 The data assumes the investment of `1,/- on 1st day of every month or the subsequent working day. Load and Taxes are not considered for computation of returns. Past performance may or may not be sustained in future. *CAGR Returns are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return) Value of SIP in Returns (%)* BSE 2 BSE 2 Equity Fund KEC International Ltd PTC India Ltd Finance 5.23 Rural Electrification Corporation Ltd Bajaj Finance Ltd Shriram Transport Finance Company Ltd Mahindra & Mahindra Financial Services Ltd. 1.7 Auto 5.4 Tata Motors Ltd Bajaj Auto Ltd Media & Entertainment 4.2 Jagran Prakashan Ltd DQ Entertainment International Ltd Hathway Cable & Datacom Ltd Balaji Telefilms Ltd..17 Magnasound India Ltd. ** Construction Project 3.39 Lanco Infratech Ltd Gammon India Ltd. 1.8 Larsen & Toubro Ltd..75 Oil 3.29 Oil & Natural Gas Corporation Ltd Petroleum Products 3.24 Reliance Industries Ltd Telecom-Services 2.86 Bharti Airtel Ltd Past performance may or may not be sustained in future. Returns are in % and absolute returns for period less than 1 year & CAGR for period 1 year or more. Equity Fund Grasim Industries Ltd..97 Transportation 2.46 Spicejet Ltd. 1.4 Cox & Kings Ltd. 1.6 Retailing 2.39 Pantaloon Retail (India) Ltd. 2.2 Pantaloon Retail (India) Ltd. -Class B.36 Future Mall Management Ltd. **.1 Construction 2.36 Ackruti City Ltd. 1.3 Ramky Infrastructure Ltd..94 Prestige Estates Projects Ltd.39 Hardware 1.83 Allied Digital Services Ltd United States of America 1.29 Sterlite Industries (India) Ltd - ADS 1.29 Ferrous Metals 1.28 Usha Martin Ltd..76 Tata Steel Ltd..52 Consumer Durables.85 Whirlpool of India Ltd..85 Non - Ferrous Metals.19 Hindalco Industries Ltd..19 Cash & Cash Equivalents 2.7 Cement 2.73 Net receivables / payables -.63 Century Textiles and Industries Ltd Total Net 1. Total Percentage of thinly/non traded securities is.1% Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns, source: MFI Explorer Risk-free rate assumed to be 6.8% (91 day T-bill yield As on October 29, 21). 23